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    Managerial Economics and Business Strategy Study Set 1
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    Exam 1: The Fundamentals of Managerial Economics
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    If the Interest Rate Is 4 Percent,the Present Value of $500
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If the Interest Rate Is 4 Percent,the Present Value of $500

Question 34

Question 34

Multiple Choice

If the interest rate is 4 percent,the present value of $500 received at the end of four years is:


A) $427.40.
B) $431.71.
C) $416.41.
D) $432.68.

Correct Answer:

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